Living in Cohasset, Minnesota
Cost of living, income, home prices, rent and demographics of Cohasset · Census data 2020–2024
Cohasset has 2,703 residents with a median age of 43.8. The median household income is $92,692 (4% higher than the Minnesota median), the median home value is $330,500, the median rent is $827/month.
Cohasset at a glance
- Population
- 2,703
- Median age
- 43.8State: 38.8
- Median household income
- $92,692State: $89,062
- Median home value
- $330,500State: $329,300
- Median rent
- $827/moState: $1,280
- Homeowners
- 92.1%
- Bachelor's degree or higher
- 34.3%
- Average commute
- 28 min
Is Cohasset a good place to live?
Pros: Median household income 4% higher than the Minnesota median; a poverty rate of 6.4%.
Cons: Home values about the same as the state median; an average commute of 28 minutes; unemployment of 8.6%.
The weather is best in June to September.
Cost of living in Cohasset
Housing is the biggest part of the cost of living. In Cohasset the median home value is $330,500, about the same as the U.S. median. Renters pay a median of $827 per month, which is 43.4% of household income. Homeowners with a mortgage pay $1,939 a month in housing costs.
Cohasset median household income
The median household income in Cohasset is $92,692 and the income per person is $52,384. 6.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Cohasset: homes for sale and rent
- Housing units
- 1,262
- Owner-occupied
- 92.1%
- Renter-occupied
- 7.9%
- Vacant
- 15.2%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.52
Cohasset demographics
- Population
- 2,703
- Median age
- 43.8
- Under 18
- 21.7%
- 65 and older
- 25%
- Households
- 1,070
- Foreign-born
- 0.3%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cohasset ›
Education in Cohasset
34.3% of adults 25 and older in Cohasset have a bachelor's degree or higher (Minnesota: 39.4%), and 9.9% have a graduate or professional degree.
Jobs and commute in Cohasset
- Unemployment rate
- 8.6%State: 4.1%
- Average commute
- 28 minState: 23 min
- Work from home
- 16.4%
- Drive alone
- 77.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89%
Cohasset vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cohasset | 2,703 | $92,692 | $330,500 | $827 |
| Grand Rapids | 11,207 | $61,029 | $213,800 | $1,090 |
| La Prairie | 592 | $69,375 | $212,800 | $725 |
| Deer River | 889 | $38,824 | $111,200 | $816 |
| Coleraine | 2,150 | $74,716 | $211,800 | $1,167 |
| Bovey | 646 | $64,083 | $122,800 | $948 |
| Taconite | 468 | $84,375 | $219,600 | $2,625 |
| Remer | 371 | $49,500 | $153,000 | — |
| Hill City | 503 | $37,396 | $162,000 | $522 |
More for people moving to Cohasset
Cohasset ZIP code ›Weather and climate ›Living in Cohasset: FAQ
What is the median household income in Cohasset, MN?
The median household income in Cohasset is $92,692, 4% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cohasset?
The median home value in Cohasset is $330,500, compared with $329,300 in Minnesota.
How much is rent in Cohasset?
The median gross rent in Cohasset is $827 per month, about 43.4% of household income.
Is Cohasset, MN a good place to live?
Pluses: median household income 4% higher than the Minnesota median; a poverty rate of 6.4%. Minuses: home values about the same as the state median; an average commute of 28 minutes; unemployment of 8.6%.
What is the median age in Cohasset?
The median age in Cohasset is 43.8 years (Minnesota: 38.8).
How long is the commute in Cohasset?
The average commute to work in Cohasset is 28 minutes; 16.4% of workers work from home.
What is the unemployment rate in Cohasset?
The unemployment rate in Cohasset is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cohasset?
34.3% of adults in Cohasset have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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